adjustment


adjustment
adjustment ad‧just‧ment [əˈdʒʌstmənt] noun [countable, uncountable]
1. a change that is made to something in order to correct or improve it:

• We have made an adjustment to our target.

• Grants are to be slashed by 33%, after adjustment for inflation.

ˌcost of ˈliving adˌjustment abbreviation COLA cost of living adjustments PLURALFORM
in the US, a small increase in someone's pay or pension, made to cover increases in the cost of living
ˈdebt adˌjustment
when someone in financial difficulty makes new arrangements on when and how they will pay people that they owe money to:

• He was advised to consult a debt adjustment company.

2. INSURANCE the agreement between an insurer and someone who has claimed on their insurance over the amount that will be paid, or the amount itself:

• We are still waiting for the adjustment to be paid.

* * *

adjustment UK US /əˈdʒʌstmənt/ noun
[C or U] a slight change made to something to make it fit, work better, or be more suitable, or the act of making such a change: »

A small adjustment at the right place can make a significant difference.

»

If the colour does not appear quite right, check your monitor settings for adjustment.

adjustment to sth »

The final plan will serve as an adjustment to the two-year budget approved last year.

[C or U] a slight change to figures according to inflation, the time of year, etc. so that they can be compared in a useful way with other figures, or the act of making such a change: adjustment to sth »

The finance minister will again delay the inflation adjustment to excise duty on petrol.

adjustment for sth »

The population has been split into 10 equal groups, ranked by income, after adjustment for family size.

[U] the process of becoming more familiar with a new situation: make an adjustment »

This is a very, very big adjustment for us to make.

[U] INSURANCE the job of getting information about an accident, theft, etc. in order to decide how much money to pay an insurance customer: »

There was a breach in the insurance companies' adjustment and payment.

[C] INSURANCE the amount of money that an insurance company pays to a customer who has been involved in an accident, had something stolen, etc.: »

After calculating what the adjustment should have been, they analyse how the insurance company adjustments deviated from reality.

See also COST OF LIVING ADJUSTMENT(Cf. ↑cost of living adjustment), DEBT ADJUSTMENT(Cf. ↑debt adjustment)

Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • adjustment — I noun abatement of differences, accommodatio, accommodation, accord, accordance, adaptation, agreement, arrangement, attunement, bargain, binding agreement, coaptation, compact, composition, compromise, concurrence, conformance, conformation,… …   Law dictionary

  • Adjustment — Ad*just ment ( ment), n. [Cf. F. ajustement. See {Adjust}.] 1. The act of adjusting, or condition of being adjusted; act of bringing into proper relations; regulation. [1913 Webster] Success depends on the nicest and minutest adjustment of the… …   The Collaborative International Dictionary of English

  • adjustment — [n1] adaptation acclimation, acclimatization, alteration, arrangement, balancing, conformance, correcting, fitting, fixing, improvement, mending, modification, ordering, organization, organizing, orientation, readjustment, redress, regulating,… …   New thesaurus

  • adjustment — [ə just′mənt] n. 1. an adjusting or being adjusted 2. a means or device by which parts are adjusted to one another [the adjustment on a micrometer] 3. the settlement of how much is to be paid in cases of loss or claim, as by insurance 4. a… …   English World dictionary

  • Adjustment — (from late Latin ad juxtare , derived from juxta , near, but early confounded with a supposed derivation from Justus , right), regulating, adapting or settling; in commercial law, the settlement of a loss incurred on insured goods. The… …   Wikipedia

  • Adjustment — (engl., spr. adjoßtment), die Bestimmung des von einem Versicherten erlittenen Seeschadens od. Verlustes …   Pierer's Universal-Lexikon

  • adjustment — (n.) 1640s, from Fr. ajustement or else a native formation from ADJUST (Cf. adjust) (v.) + MENT (Cf. ment) …   Etymology dictionary

  • adjustment — noun 1 small change made ADJECTIVE ▪ delicate, fine, minor, slight, small ▪ important, major, significant ▪ …   Collocations dictionary

  • adjustment — n. 1) to make an adjustment 2) an adjustment in, of (an adjustment in/of his salary; an adjustment of the brakes) 3) an adjustment to (an adjustment to a new environment) * * * [ə dʒʌstmənt] of (an adjustment in/of his salary; an adjustment of… …   Combinatory dictionary

  • adjustment — ad|just|ment [əˈdʒʌstmənt] n [U and C] 1.) a small change made to a machine, system, or calculation adjustment for ▪ Once we make the adjustments for inflation, the fall in interest rates is quite small. adjustment to ▪ a slight adjustment to the …   Dictionary of contemporary English


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